HomeAbout

TL;DR CNBC


WWE founder Vince McMahon resigns from TKO Group after being accused of sexual assault and trafficking in new lawsuit - TL;DR CNBC

WWE founder Vince McMahon resigns from TKO Group after being accused of sexual assault and trafficking in new lawsuit

Publishing timestamp: 2024-01-26 21:40:15


Summary

Vince McMahon, executive chairman of TKO Group Holdings and founder of WWE, has resigned from both companies following allegations of sexual assault and sex trafficking. McMahon denies the allegations, but has decided to resign out of respect for the WWE Universe and TKO business. The allegations were made in a lawsuit filed by Janel Grant, who claims McMahon directed her to have sex with a WWE "superstar" and other men. The lawsuit also names WWE and John Laurinaitis as defendants. This comes after a previous investigation into McMahon's payment of millions of dollars to multiple women for allegations of sexual misconduct.


Sentiment: NEGATIVE

Tickers: WWE

Keywords: breaking news: politicsbusiness newscrimeentertainmentworld wrestling entertainment incbreaking news: businesspoliticsvince mcmahon

Source: https://www.cnbc.com/2024/01/26/wwe-founder-vince-mcmahon-resigns-from-tko-group-after-being-accused-of-sexual-assault-and-trafficking-in-new-lawsuit.html


Developed by Leo Phan